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at a time when the economy is still weak. it concentrates all the austerity right up front and there are estimates that pulling this much purchasing power out of the economy could reduce the number of jobs created next year by as much as 700,000 or 750,000. it doesn't differentiate between programs seen as successful and those seen as unsuccessful. it cuts across the board. third it has a generational inequity. the sequester is aimed solely at discremary spending. the kind of day-to-day operation of the government. medicare, medicaid, programs like that as a result, it cuts deeply at the programs where we make our investments and the productivity of the next education, research. and only nicks very slightly entitlements that benefit the elderly. this tilt we're living through where we are spending $7 per capita on seniors a the the federal level than we are on kids, in all of these ways i think, the sequester kind of steers both parties away from when they want, a growing economy and a long-term solution that controls the deb
at a time when the economy is still weak. it concentrates all the austerity right up front and there are estimates that pulling this much purchasing power out of the economy could reduce the number of jobs created next year by as much as 700,000 or 750,000. it doesn't differentiate between programs seen as successful and those seen as unsuccessful. it cuts across the board. third it has a generational inequity. the sequester is aimed solely at discremary spending. the kind of day-to-day...
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economy. but having said that, what we're going to see, we started to see this already with the accusations against the united states, is the u.s. embassy is trying to reach out to this next government, aware that perhaps things will calm down a little bit. i think the press conference today that we saw is an indication that they're not going to. they're going to still reach into their bag of tricks and try to stoke this anti-americanism and in some cases use it to their own political benefit. clearly as a way to sort of as a smokescreen before the announcement of chavez's death and also a way to sort of make an excuse for the last three months, where we thought he would come back and lo and behold he isn't. >> he now has a vice president and maybe people don't think that vice president can necessarily carry that out. as you said, that could create a vacuum in the region but at the same time, he did run in the last election against an opponent who some thought was formidable and would have bee
economy. but having said that, what we're going to see, we started to see this already with the accusations against the united states, is the u.s. embassy is trying to reach out to this next government, aware that perhaps things will calm down a little bit. i think the press conference today that we saw is an indication that they're not going to. they're going to still reach into their bag of tricks and try to stoke this anti-americanism and in some cases use it to their own political benefit....
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economy. now that he's had time in the public eye i wanted to read the tea leaves if you will to talk about what to expect from china's new leader. joining me now are my old professor, harvard university professor of history and political science and another of his former students, now the beijing bureau chief for "the new yorker." rod, in a speech recently, you said that xi jinping was a compromised candidate and, therefore, was unlikely to be a strong reformer. that's not the picture we've been painted. we've been told this guy is the son of this heroic general, he made his way up and has the potential to be quite bold. >> well, i don't think compromise is the right word. if i used it i was wrong. what i did say is he did not have a mandate. every leader since xi jinping has been chosen by xi jinping. xi jinping is the product of a backstairs deal, therefore, he does not have the sew lidty, the legitimacy of his predecessors. >> evan, when people look at his first moves they point out that h
economy. now that he's had time in the public eye i wanted to read the tea leaves if you will to talk about what to expect from china's new leader. joining me now are my old professor, harvard university professor of history and political science and another of his former students, now the beijing bureau chief for "the new yorker." rod, in a speech recently, you said that xi jinping was a compromised candidate and, therefore, was unlikely to be a strong reformer. that's not the...
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when you look at post-world war ii economy, you look at a transitional economy. from agriculture based economy to full industrial based economy had a full spectrum of jobs. we're transitioning out of that. we have to educate people for a new economy. that's the whole point here. you cannot remain stuck in the past. it wasn't ideal and it won't remain. >> there was a fed report this week of the beige book report that noticed there are shortages of skilled workers in different districts in the united states. workers feel like they get up to speeds on skills, they invest in those skills and economy changes faster than they can keep up with their skills. >> there are shortages of skilled workers. if you filled all of those shortages tomorrow, we would have an employment crisis in this country. we shouldn't get diverted on that track. the problem is that we do not have an economy that works for the vast majority of americans. we have an economy that works only for a favored few. we need to have a conversation. we need to figure out how to remake this economy into one
when you look at post-world war ii economy, you look at a transitional economy. from agriculture based economy to full industrial based economy had a full spectrum of jobs. we're transitioning out of that. we have to educate people for a new economy. that's the whole point here. you cannot remain stuck in the past. it wasn't ideal and it won't remain. >> there was a fed report this week of the beige book report that noticed there are shortages of skilled workers in different districts in...
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> just is head. reeva steemcamps unle uncle tal us about the man accused of murdering his niece. fills you . [ male announcer ] away... is as much about getting there... ♪ ...as it is being there. ♪ [ birds chirping ] away is where the days are packed with wonder... ♪ [ wind whistles ] ...and the evenings are filled with familiar comforts. find your away. for a dealer and the rv that's right for you, visit gorving.com. >>> there has been a fatal lion attack in california. the lion was naked couscous. she was inside the lion's cage when the animal attacked her. she died at the scene. the foup der nder gave these de >> the female intern entered the lion's cage where she was attacked and killed. the lion was killed
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> just is head. reeva steemcamps unle uncle tal us about the man accused of murdering his niece. fills you . [ male announcer ] away... is as much...
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any time you take spending out of the economy, the economy starts to slow down. and it starts to spiral. unfortunately downward. as it spirals downward, the stock market tends to react. right now, we haven't seen much reaction from the stock market but been through the deficit and the debt ceiling so the stock market may be waiting to see what actually happens. we may see something on monday about this >> okay, jobs report coming out tend of the week as well what are the expectations? >> the numbers sort have been for a while in that 150,000, 180,000 range. and the expectations is they will probably stay there. right now you with all the uncertainty that we have in the business community, particularly with the sequestration now and the phones even for debt ceiling crisis coming up in the next few months, business community just suspect hiring. we have got to get past this and unfortunately, congress is taking its time in making this happen. >> hal sirkin, good to see you you thanks so much from chicago. >> great seeing you. >>> a medical breakthrough could change
any time you take spending out of the economy, the economy starts to slow down. and it starts to spiral. unfortunately downward. as it spirals downward, the stock market tends to react. right now, we haven't seen much reaction from the stock market but been through the deficit and the debt ceiling so the stock market may be waiting to see what actually happens. we may see something on monday about this >> okay, jobs report coming out tend of the week as well what are the expectations?...
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economy, yet we're not talking about it. >> pleasure to have you on. >> great. thank you, fareed. >>> up next, a plague of quite literally biblical proportions in the middle east. i will explain. investors want. tdd#: 1-800-345-2550 like no atm fees, worldwide. tdd#: 1-800-345-2550 and no nuisance fees. tdd#: 1-800-345-2550 plus deposit checks with mobile deposit. tdd#: 1-800-345-2550 and manage your cash and investments tdd#: 1-800-345-2550 with schwab's mobile app. tdd#: 1-800-345-2550 no wonder schwab bank has grown to over 70 billion in assets. tdd#: 1-800-345-2550 so if you're looking for a bank that's in your corner, tdd#: 1-800-345-2550 not just on the corner... tdd#: 1-800-345-2550 call, click or visit to start banking with schwab bank today. tdd#: 1-800-345-2550 plays a key role throughout our lives. one a day women's 50+ is a complete multivitamin designed for women's health concerns as we age. it has 7 antioxidants to support cell health. one a day 50+. try align. it's the number one ge recommended probiotic that helps maintain digestive balance. ♪
economy, yet we're not talking about it. >> pleasure to have you on. >> great. thank you, fareed. >>> up next, a plague of quite literally biblical proportions in the middle east. i will explain. investors want. tdd#: 1-800-345-2550 like no atm fees, worldwide. tdd#: 1-800-345-2550 and no nuisance fees. tdd#: 1-800-345-2550 plus deposit checks with mobile deposit. tdd#: 1-800-345-2550 and manage your cash and investments tdd#: 1-800-345-2550 with schwab's mobile app. tdd#:...
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the 2013 ram 1500 with best-in-class fuel economy. engineered to move heaven and earth. guts. glory. ram. the new ram 1500. motor trend's 2013 truck of the year. try align. it's the number one ge recommended probiotic that helps maintain digestive balance. ♪
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. [ babies crying ] surprise -- your house was built on an ancient burial ground. [ ghosts moaning ] surprise -- your car needs a new transmission. [ coyote howls ] how about no more surprises? now you can get all the online trading tools you need without any surprise fees. ♪ it's not rocket science. it's just common sense. from td ameritrade. >>> a guy talking about his new buddy. sgh he is a good guy to me. he's my friend. >> he's my friend. that is dennis rodman. and this is dennis rodman new friend. his name is kim. dennis is a pro basketball hall of famer. kim is not. he has other hobbies. he is a fan. mr. kim and his crew showed their affection for the player and the game. dennis tweeted they love basketball here.
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. [ babies crying ] surprise -- your house was built on an ancient burial ground. [ ghosts moaning ] surprise -- your car needs a new transmission. [ coyote...
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so this is how it affects the economy. but i want to be very clear here, $85 billion, this indiscriminate way they're taking it out of a relatively small part of the budget, it's just a really stupid way to run a government. it's a stupid way to run the books. and that's what the real problem is here. i'm personally very surprised that markets have been so sanguine on this and i love ali's thoughts on this. markets are telling us, hey, this isn't going to kill corporate america or profits, and that's what markets measure, and markets are near record high. >> victor and brianna, it's not that you can't take $85 billion out of the budget in a year or $1.5 trillion in ten years, there are ways to do it, but they picked the most sloppy way to do it. i'm hearing from all sorts of people, i can cut 9% out of my household's budget or 13% out of my company's budget if i were forced to, but you wouldn't just do. if you have a household budget and you had to cut 10%, you wouldn't say, i'm taking 10% off my mortgage or my groceries.
so this is how it affects the economy. but i want to be very clear here, $85 billion, this indiscriminate way they're taking it out of a relatively small part of the budget, it's just a really stupid way to run a government. it's a stupid way to run the books. and that's what the real problem is here. i'm personally very surprised that markets have been so sanguine on this and i love ali's thoughts on this. markets are telling us, hey, this isn't going to kill corporate america or profits, and...
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economy gets better, prices go up. should you be prepared to pay more? we will find out. >>> plus the great and powerful but is the new oz movie making money at the box office? we will explore. [ woman ] we had two tiny reasons to get our adt security system. and one really big reason -- the house next door. our neighbor's house was broken into. luckily, her family wasn't there, but what if this happened here? what if our girls were home? and since we can't monitor everything 24/7, we got someone who could. adt. [ male announcer ] while some companies are new to home security, adt has been helping to save lives for over 135 years. we have more monitoring centers, more of tomorrow's technology right here today, and more value. 24/7 monitoring against burglary, fire, and high levels of carbon monoxide starting at just over $1 a day. and now get adt installed for just $99. isn't your family worth america's number-one security company, adt? our girls got us thinking, but the break-in got us calling. and after buying two of everything, it was nice to only nee
economy gets better, prices go up. should you be prepared to pay more? we will find out. >>> plus the great and powerful but is the new oz movie making money at the box office? we will explore. [ woman ] we had two tiny reasons to get our adt security system. and one really big reason -- the house next door. our neighbor's house was broken into. luckily, her family wasn't there, but what if this happened here? what if our girls were home? and since we can't monitor everything 24/7, we...
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there are no real cuts happening over ten years. >> they will hurt our economy. they will add hundreds of thousands of americans to the unemployment rolls. people will lose their jobs. >> the fact is thousands of federal workers will be furloughed and everything from air travel to hiv prevention programs could get hit. as you heard lindsey graham there say how the cuts affect defense is now a big concern to him and especially to senator john mccain who joined me earlier. >> as you know, meetings at the white house today on the sequester, met for an hour and a half. i mean, do you get the sense -- the sense i get is the american people are fed up, sick of hearing about this, sick of this kind of finger pointing. who do you blame? >> i think everybody can share some of the blame. and i will admit to being a partisan republican. but i believe it is the job of the president of the united states, particularly as commander in chief, when we're talking about the effects on defense here. i believed a year ago that the president should call people into the office and star
there are no real cuts happening over ten years. >> they will hurt our economy. they will add hundreds of thousands of americans to the unemployment rolls. people will lose their jobs. >> the fact is thousands of federal workers will be furloughed and everything from air travel to hiv prevention programs could get hit. as you heard lindsey graham there say how the cuts affect defense is now a big concern to him and especially to senator john mccain who joined me earlier. >> as...
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there are no real cuts happening over ten years. >> they will hurt our economy. they will add hundreds of thousands of americans to the unemployment rolls. people will lose their jobs. >> the fact is thousands of federal workers will be furloughed and everything from air travel to hiv prevention programs could get hit. as you heard lindsey graham there say how the cuts affect defense is now a big concern to him and especially to senator john mccain who joined me earlier. >> as you know, meetings at the white house today on the sequester, met for an hour and a half. i mean, do you get the sense -- the sense i get is the american people are fed up, sick of hearing about this, sick of this kind of finger pointing. who do you blame? >> i think everybody can share some of the blame. and i will admit to being a partisan republican. but i believe it is the job of the president of the united states, particularly as commander in chief, when we're talking about the effects on defense here. i believed a year ago that the president should call people into the office and star
there are no real cuts happening over ten years. >> they will hurt our economy. they will add hundreds of thousands of americans to the unemployment rolls. people will lose their jobs. >> the fact is thousands of federal workers will be furloughed and everything from air travel to hiv prevention programs could get hit. as you heard lindsey graham there say how the cuts affect defense is now a big concern to him and especially to senator john mccain who joined me earlier. >> as...
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the uncertainty about where our own economy is headed. the strength of our economy. you think about economic growth in this country, right now it's pretty much stalling out. look at the last three months of last year. there's instability in europe. there's a lot of -- there's a lot of negative forces. but, look, we just surpassed the record high for the dow. it's now at 14,176. i don't see any confetti coming from the ceiling. i didn't hear any cheers. this is still a milestone because look how far stocks have come. we're back to a level we haven't seen in more than five years. many are really kind of, you know, a little -- i think a little skeptical about this because the economic fundamentals. meaning the strength of the economy. it's not there. many are believing there's really a disconnect between what we're seeing on that screen right now and what regular americans are feeling. you look at the jobs picture. the jobs picture is pretty darn bad at this point. the unemployment rate is at 7.9%. more than five years ago when the dow was at these levels, unemployment
the uncertainty about where our own economy is headed. the strength of our economy. you think about economic growth in this country, right now it's pretty much stalling out. look at the last three months of last year. there's instability in europe. there's a lot of -- there's a lot of negative forces. but, look, we just surpassed the record high for the dow. it's now at 14,176. i don't see any confetti coming from the ceiling. i didn't hear any cheers. this is still a milestone because look how...
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as your life and career change, fidelity is there for your personal economy, helping you readjust your retirement plan along the way. rethink how you're invested. and refocus as your career moves forward. wherever you are today, a fidelity ira has a wide range of investment choices to help you fine-tune your personal economy. call today and we'll make it easy to move that old 401(k) to a fidelity no-fee ira. at od, whatever business you're in, that's the business we're in. with premium service like one of the best on-time delivery records and a low claims ratio, we do whatever it takes to make your business our business. od. helping the world keep promises. if youthen this willbrids arbe a nice surprise. meet the 5-passenger ford c-max hybrid. c-max come. c-max go. c-max give a ride to everyone it knows. c max has more passenger volume than competitor prius v and we haven't even mentioned... c-max also gets better mpg. say hi to the super fuel efficient ford c-max hybrid. do you guys ride? well... no. sometimes, yeah. yes. well, if you know anybody else who also rides, send them here -
as your life and career change, fidelity is there for your personal economy, helping you readjust your retirement plan along the way. rethink how you're invested. and refocus as your career moves forward. wherever you are today, a fidelity ira has a wide range of investment choices to help you fine-tune your personal economy. call today and we'll make it easy to move that old 401(k) to a fidelity no-fee ira. at od, whatever business you're in, that's the business we're in. with premium service...
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they'll hurt our economy and cost us jobs. and congress can turn them off at any time as soon as both sides are willing to compromise. >> reporter: now, so far the republicans haven't really responded to that kind of talk very favorably at this point. they believe that the president is really just after more tax increases and they're saying that that's not going to happen at this point, but brianna, of course, here in washington folks are always trying to find some of the lighter moments in these dark and gloomy budget times, and you will recall yesterday when the president talked about putting a jedi mind meld on congress he wasn't able toll do that, twitter exploded saying, uh-huh. he's mixing movie references between "star trek" and "star wars" and mixing the jedi mind trick with the vulcan mind meld, if you will, and so the white house put out a tweet yesterday trying to have fun with this. we can put it up on-screen where they have a graphic they put theeg says these cuts aren't the solutions that americans are looking fo
they'll hurt our economy and cost us jobs. and congress can turn them off at any time as soon as both sides are willing to compromise. >> reporter: now, so far the republicans haven't really responded to that kind of talk very favorably at this point. they believe that the president is really just after more tax increases and they're saying that that's not going to happen at this point, but brianna, of course, here in washington folks are always trying to find some of the lighter moments...
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improving, so the economy still has a long way to go. this is the start as we see the dow begin the day yes at a new record high at 14,335. the dow is setting a new record every day until you start to see it in the red. don? >> it's been amazing. we want to go to the white house, dan lothian standing by, 7.7,% unemployment rate. good news for the white house. any response yet? >> reporter: not yet. typically the white house when the numbers come out will release a statement sometime after the market opens so any time now we should be getting some kind of reaction from the white house, no doubt we'll see these numbers overall as encouraging. the president has been talking about how the economy is moving in the right direction, the right trajectory. they'll most likely point to some of the policies they believe are helping this turnaround, help for small businesses, the fact that the president had been pushing hard for health wear americans to pay more, the money they have put into the real estate mortgages and so forth so these are all th
improving, so the economy still has a long way to go. this is the start as we see the dow begin the day yes at a new record high at 14,335. the dow is setting a new record every day until you start to see it in the red. don? >> it's been amazing. we want to go to the white house, dan lothian standing by, 7.7,% unemployment rate. good news for the white house. any response yet? >> reporter: not yet. typically the white house when the numbers come out will release a statement sometime...
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>> are there concerns about the economy in general, just the bigger economy and the impact this will have? >> you know, as you know, it depends on who you ask about this. we talked to a couple of economists. one said, look, anything that makes it more difficult for people to who have been unemployed for a long time to get back in the job market, that's not going help the economy at all. however, we talked with another economist who says these mandatory budget cuts are part of the solution to finding how you cure these long-term budget problems. listen in. >> i think to solve the deficit problem, everyone's going to have to get their ox aboard to an extend. these extended unemployment benefits are a subsidy. we need to cut all subsidies in the federal government, frankly, if we're going to get this deficit down. >> it is a big philosophical debate, but here's the railet -- in the meantime, up to 3.8 million people without jobs are going to be facing larger money worries because they have these smaller unemployment checks coming their way. brianna? >> emily schmidt. thanks for that. >>
>> are there concerns about the economy in general, just the bigger economy and the impact this will have? >> you know, as you know, it depends on who you ask about this. we talked to a couple of economists. one said, look, anything that makes it more difficult for people to who have been unemployed for a long time to get back in the job market, that's not going help the economy at all. however, we talked with another economist who says these mandatory budget cuts are part of the...
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a lot of people saying the economy doesn't feel that way. a lot of this has to do with interest rates. the dow on march 9th, 2009, at 6500, the low after the recession, after the financial crisis. the recession formally ended in june of 2009. you see from there, markets are going up. in october of 2009, unemployment hit 10%. markets kept on going largely higher. sometime in the middle of 2010 it fell down again. you sty wee it was working its up. this was qe 2 as you remember it. then the markets kept going up in 2011, dropped again, this was the debt downgrade over here. you'll remember that. that's what it did to the markets over here. then you see it goes up again into 2012, this was qe 3 when the fed put more stimulus in. and we get ourselves up above 14,000 now. look at this. this is what most people think of as the economy. job creation. you feel good when jobs are created. back in the beginning of 2009, losing 800,000 jobs first few months. this started to look really good. these jobs here are from the census. that's why we saw this p
a lot of people saying the economy doesn't feel that way. a lot of this has to do with interest rates. the dow on march 9th, 2009, at 6500, the low after the recession, after the financial crisis. the recession formally ended in june of 2009. you see from there, markets are going up. in october of 2009, unemployment hit 10%. markets kept on going largely higher. sometime in the middle of 2010 it fell down again. you sty wee it was working its up. this was qe 2 as you remember it. then the...
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the source told us romney will serve as chairman of the executive economy. that's the firm tag romney started after his father's first shot at the presidency in 2008. romney is scheduled to speak next week at the cpac meeting of conservatives. >>> look at this. this amazing video. this is from last night. it's amazing what happens at night. you get an even more powerful picture. mount etna in italy. i remember seeing it for the first time this summer. it looked so peaceful and quiet. brown university professor malcolm rutherford tells us lava is smpewing half a mile into th air. in between, there could be occasional ash storms that come off mount etna. it's been 580 days since the u.s. lost its top credit rating. what are we going to get it back? nothing today. and then, breaking bread with president obama. at this hour, the president is wining and dining senate republicans at the jefferson hotel in washington. they arrived about an hour ago. e they said it is part of an effort to break the grid with republicans. lindsey graham says it's about time. >> the f
the source told us romney will serve as chairman of the executive economy. that's the firm tag romney started after his father's first shot at the presidency in 2008. romney is scheduled to speak next week at the cpac meeting of conservatives. >>> look at this. this amazing video. this is from last night. it's amazing what happens at night. you get an even more powerful picture. mount etna in italy. i remember seeing it for the first time this summer. it looked so peaceful and quiet....
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. many cereals say they're good for your heart,
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. many cereals say they're good for your heart,
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it's hard to revive the economy with the debt. >> it's impossible to see a solution to that. let's talk about your book dan baum "gun guys." >> i would say in my 15 seconds if you think about gun policy it would be good to know why guns appeal to people as they do and my book would help. >> talking to people in the middle as opposed to the edges. >> all kinds of guns. >> roland martin has given up his time. >> i'm wearing the boots. >> coming up tomorrow acvery eva longoria with us live. >>> "cnn newsroom" with don lemon begins right now. we'll see you back here tomorrow morning. >> inch by inch and mile by mile, a massive winter storm burying records and taking aim at washington, government agencies shut down. snow piling up. power outages spreading. >>> the tsa changing the rules, small knives, some sports equipment will now be allowed on airplanes. we'll talk about it. >>> the newest member of britain's royal family could be a princess. why the tabloids are betting it's a little girl. >>> plus -- >> see the sky, who created you. lord! >> "the bible" who knew, better than a
it's hard to revive the economy with the debt. >> it's impossible to see a solution to that. let's talk about your book dan baum "gun guys." >> i would say in my 15 seconds if you think about gun policy it would be good to know why guns appeal to people as they do and my book would help. >> talking to people in the middle as opposed to the edges. >> all kinds of guns. >> roland martin has given up his time. >> i'm wearing the boots. >> coming...
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> just ahead, reeva steenkamp's uncle talks about his hope in meeting oscar pistorius, the man charged with murdering his beautiful niece. >>> breaking news to report. there's been a fatal lion attack in california. the lion 350 pounds named kous kous attacking and killing a 26-year-old at a cat sanctuary east of fresno. she was apparently inside the lion's cage when the animal attacked her. she died at the scene. the founder of the sanctuary gave these details. >> female volunteer intern entered the enclosure where she was attacked and fatally injured. the lion was shot and killed per our staffty protocols. our thoughts and prayers to our friend and family and to her family at this time and this trying time. we'll ke
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> just ahead, reeva steenkamp's uncle talks about his hope in meeting oscar pistorius, the man charged with murdering his beautiful niece....
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in fact, he calls the mandated spending cut a real opportunity to help the economy recover and blames politics for getting in the way. >> this is an opportunity. i look at the sequester and tax cuts as a once in a lifetime opportunity for america to solve its fiscal problems. if we do that, we could become more competitive globally and america can lead the world for the coming century. i mean i see this as this huge opportunity and it's being squandered by politics, by people who are more interested in a political victory than they are in doing what's right for the country, and it's very frustrating. i have to tell you the hardest thing about losing is watching this critical moment, this golden moment slip away with politics. >> and even though president obama signed the order to trig ter spending cuts, that hasn't st stopp stopped. we bring in washington correspondent dana bash. >> it's going to be kind of a slow roll. it will take several weeks or even longer. we've heard a lot about head start, you know, effectively nursery school for kids, child care for kids, we've heard about li
in fact, he calls the mandated spending cut a real opportunity to help the economy recover and blames politics for getting in the way. >> this is an opportunity. i look at the sequester and tax cuts as a once in a lifetime opportunity for america to solve its fiscal problems. if we do that, we could become more competitive globally and america can lead the world for the coming century. i mean i see this as this huge opportunity and it's being squandered by politics, by people who are more...
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses the people of bp made a commitment to the gulf., and every day since, we've worked hard to keep it. today, the beaches and gulf are open for everyone to enjoy. we've shared what we've learned, so we can all produce energy more safely. bp's also committed to america. we support nearly two-hundred-fifty thousand jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. lookin' good, flo! feelin' good! feelin' real good! [ engine revs ] boat protection people love. now, that's progressive. call or click today. >>> welcome back. something's happening tonight. straight off mr. smith goes to
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses the people of bp made a commitment to the gulf., and every day since, we've worked hard to keep it....
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china, of course, emerging economy. it is building lots of stuff, bridges, tunnels, railroads, hospitals, so this growth won't last forever. the national intelligence council will forecast that china will take over the u.s. by the year 2030 as the world's best economy. chinese authorities lay out their economic goals for the year which means the country will meet those goals and they have very set out national strategy. that strategy will set them to overtake the u.s. in due course. >> 7.5% growth. >> and that's a bit of slowdown from recent years, as a matter of fact. >> thanks, christine. >>> 24 minutes after the hour. one the leader of the free world, george bush now revealing kind of a different side of himself as a concerned father. the new personal details this morning and just really emotional letters from the former president. >>> if you're leaving the houts right now, you can watch us any time on your desktop, even on your mobile phone. hi, i'm ensure clear... clear, huh? i'm not juice or fancy water. i've got
china, of course, emerging economy. it is building lots of stuff, bridges, tunnels, railroads, hospitals, so this growth won't last forever. the national intelligence council will forecast that china will take over the u.s. by the year 2030 as the world's best economy. chinese authorities lay out their economic goals for the year which means the country will meet those goals and they have very set out national strategy. that strategy will set them to overtake the u.s. in due course. >>...
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this was the beginning when the economy started taking a tumble. family members who could recognize and identify a loved one in a morgue, they couldn't afford burial. >> that's the case for some people unclaimed. there are two categories. there is unclaimed and unidentified. we checked with cook county. this is the chicago area. they have 45 unclaimed persons, which means they know who they are, but no one has come, next of kin, to retrieve the bodies. there is also the unidentified. they have 18 of those. they have no idea who these people are. and imagine, you know, a daughter runs away, or an uncle who maybe has dementia wanders off one day and you never have any idea what happened to that person. this is their opportunity to, i remember a butterfly tattoo or a scar and pick that person out. >> but, not everyone in this world has, you know, benevolent motivations and there are people out there. how do they make sure someone who is maybe not a relative or not a friend comes and says, hey, that's my brother with perhaps nefarious intentions for th
this was the beginning when the economy started taking a tumble. family members who could recognize and identify a loved one in a morgue, they couldn't afford burial. >> that's the case for some people unclaimed. there are two categories. there is unclaimed and unidentified. we checked with cook county. this is the chicago area. they have 45 unclaimed persons, which means they know who they are, but no one has come, next of kin, to retrieve the bodies. there is also the unidentified. they...
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even in this economy. the oil -- the fossil fuel industry is the wealthiest industry in the history of money. in the history of money. and yet we're still paying, you know, through the roof just for our gallons of gas to go to, you know, to take our kids to school. it is unethical, it's wrong. now we're going to extreme forms of extraction just to get that fuel because we've run out of the easy to get stuff. we have to blow up entire mountain tops. we're just decimating our oldest mountain range in the appalachians. >> keystone. >> the keystone, this is something i think we would all be united on. because it's not a polarizing issue. it's a foreign company coming into our country, taking our farmers and ranchers' lands from eminent domain, which is supposed to be only used for national security. in this case this pipeline which is dpoing to be carrying coroesive tar sand sludge, pushed through it 150 degrees with toxic chemicals, is only going down to the gulf of mexico so they can export it. they say that
even in this economy. the oil -- the fossil fuel industry is the wealthiest industry in the history of money. in the history of money. and yet we're still paying, you know, through the roof just for our gallons of gas to go to, you know, to take our kids to school. it is unethical, it's wrong. now we're going to extreme forms of extraction just to get that fuel because we've run out of the easy to get stuff. we have to blow up entire mountain tops. we're just decimating our oldest mountain...
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the fed is stimulating economy every month, $85 billion going right into the economy. there is no alternative. there is no place else to put your money to get a return. corporate profits are strong. companies have $1.7 trillion, a record amount of money in cash. they're not hiring us but they're keeping the money in the bank and stocks are at a fair value here. when you look at price to earnings ratios, we're right along the historic averages. record highs for prices but the value of stocks is still pretty fair. here's the case against buying stocks. europe is in a recession, that's a problem. washington, the debt theatrics there. if something goes wrong, you could see interest rates start to move higher and that could really hurt the stock market. the american consumer is strapped. how much longer can people with declining incomes go out there and keep spending so much money? and there's something in the markets called profit taking. when you look at a big rally like i just showed you those numbers, sometimes people take money off the table. there are hedge funds who
the fed is stimulating economy every month, $85 billion going right into the economy. there is no alternative. there is no place else to put your money to get a return. corporate profits are strong. companies have $1.7 trillion, a record amount of money in cash. they're not hiring us but they're keeping the money in the bank and stocks are at a fair value here. when you look at price to earnings ratios, we're right along the historic averages. record highs for prices but the value of stocks is...
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economy and there's a federal indictment with lhis nae on it? joe john has the latest on this. >> here it is, kate, it's just out this afternoon, late this afternoon, in fact. this indictment was unsealed today, federal prosecutors charged suleman abu gaith with conspiracy to kill americans on 9/11 and before 9/11 and for his propaganda efforts on behalf of al qaeda afterwards. the indictment says he warned the u.s. that a great army is gathering against you, called upon the navy of islam to do battle against the jews, the christians, and americans, and warned the storm would not stop, and told muslims and children not to board any aircraft and not to live in high-rises. >> suleman abu gaith is charged in an indictment unsealed on thursday with conspiracy to kill americans from at least may 2001 to 2002, including the september 11th attacks. he was a face of al qaeda terror, a known propagandist for the organization, and son-in-law of osama bin laden. he appeared in scary video recordings in 2001 and 2002. >> translator: oh, man of the nation, w
economy and there's a federal indictment with lhis nae on it? joe john has the latest on this. >> here it is, kate, it's just out this afternoon, late this afternoon, in fact. this indictment was unsealed today, federal prosecutors charged suleman abu gaith with conspiracy to kill americans on 9/11 and before 9/11 and for his propaganda efforts on behalf of al qaeda afterwards. the indictment says he warned the u.s. that a great army is gathering against you, called upon the navy of islam...
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bob and i care most about, which is how we come to the type of budget agreement that will help our economy, help jobs, help middle class americans. >> you can watch "state of the union" with candy crowley every sunday morning on cnn. >>> actress halle berry has more in common with her new movie role than she'd like in "the call." >> operator said to me, ma'am, if they're in your house, you must be quiet. stop talking. and i could not stop talking. >> so she is talking now and telling us about her own terrifying experience with a home intruder. i'm a conservative investor. but that doesn't mean i don't want to make money. i love making money. i try to be smart with my investments. i also try to keep my costs down. what's your plan? ishares. low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. how do you keep an olde
bob and i care most about, which is how we come to the type of budget agreement that will help our economy, help jobs, help middle class americans. >> you can watch "state of the union" with candy crowley every sunday morning on cnn. >>> actress halle berry has more in common with her new movie role than she'd like in "the call." >> operator said to me, ma'am, if they're in your house, you must be quiet. stop talking. and i could not stop talking....
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. >> john boehner is not sure the forced spending cuts will actually hurt the economy. >>> incredible buzzer-beating shot decides a new york state high school championship game. new rochelle, down two points when khalil edney hit a 55-footer. this was a chaotic scene at the end of the game. refs waved the shot off. they kept on reviewing it, are viewing it, and look at the clock. like one second left. it leaves the hand right there. the shot did beat the buzzer. you will never see kind of a closer morning chaotic unbelievable shot to end a game. >> awesome. >> fans go wild. >>> an amazing story we're talking about this morning. a baby cured of hiv. up next, one of the researchers who helped fund the study into her cure. and a look at business news this morning. >> if you are unemployed, you need a job to pay your bills. if unpaid bills are giving you bad credit, you may have trouble getting a job. the scary cycle hurting millions of americans, straight ahead. bny mellon has the vision and experience to help. we look at the full picture... to uncover risk, find opportunities, and creat
. >> john boehner is not sure the forced spending cuts will actually hurt the economy. >>> incredible buzzer-beating shot decides a new york state high school championship game. new rochelle, down two points when khalil edney hit a 55-footer. this was a chaotic scene at the end of the game. refs waved the shot off. they kept on reviewing it, are viewing it, and look at the clock. like one second left. it leaves the hand right there. the shot did beat the buzzer. you will never...
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the 2013 ram 1500 with best-in-class fuel economy. engineered to move heaven and earth. guts. glory. ram. the new ram 1500. motor trend's 2013 truck of the year. all your important legal matters in just minutes. protect your family... and launch your dreams. at legalzoom.com we put the law on your side. and launch your dreams. they're coming. yeah. british. later. sorry. ok...four words... scarecrow in the wind... a baboon... monkey? hot stew saturday!? ronny: hey jimmy, how happy are folks who save hundreds of dollars switching to geico? jimmy: happier than paul revere with a cell phone. ronny: why not? anncr: get happy. get geico. fifteen minutes could save you fifteen percent or more. >>> i'm brooke baldwin. we have it all for you. technology, sports, business, health, science, and showbiz news. we're hitting it all in the power block beginning with facebook. facebook has a problem. bored teenagers. teens are not unfriending facebook, per se, but business insiders are reporting they have moved on to instagram and snap chat. facebook knows it. here is what we have from their
the 2013 ram 1500 with best-in-class fuel economy. engineered to move heaven and earth. guts. glory. ram. the new ram 1500. motor trend's 2013 truck of the year. all your important legal matters in just minutes. protect your family... and launch your dreams. at legalzoom.com we put the law on your side. and launch your dreams. they're coming. yeah. british. later. sorry. ok...four words... scarecrow in the wind... a baboon... monkey? hot stew saturday!? ronny: hey jimmy, how happy are folks who...
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one strategist puts it this way, there's more confidence that the economy is on firmer footing, it's not growing fast but it's not about to fall off a cliff ear. still it could be one of those cautious trading days today, don, because wall street is really focusing on the big monthly jobs report that comes out before the opening bell tomorrow and the expectation there is that employers added 175,000 positions in february, that would be a solid gain but the reality is it's not enough to put a meaningful dent in the unemployment rate which is currently at 7.9%. >> alison kosik thank you very much. other business new, yahoo!'s new ceo getting a $1.1 million bonus for her five and a half months on the job last year. melissa meyer recently ruffled feathers when she ended yahoo!'s popular work at home policy but shareholders won't balk at her extra pay. yahoo!'s stock has jumped 46% since she took over. >>> mitt romney has another be jo, he's going to work for his son tag's private equity firm, serve as chairman of the capital executive committee after losing the race for the white house,
one strategist puts it this way, there's more confidence that the economy is on firmer footing, it's not growing fast but it's not about to fall off a cliff ear. still it could be one of those cautious trading days today, don, because wall street is really focusing on the big monthly jobs report that comes out before the opening bell tomorrow and the expectation there is that employers added 175,000 positions in february, that would be a solid gain but the reality is it's not enough to put a...
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the state of the union a very robust agenda to make sure we're doing everything we can to grow this economy and to help families thrive and expand their opportunities. >> certainly look, to me and to a lot of other folk, he's walking back some of the dire warnings he delivered a few weeks ago. >> it's a little less armed good armageddon today, wouldn't you say, than it was a few weeks ago. i would sense -- the president was saying these cuts would start right away, it's going to be dire. when that didn't happen at the stroke of midnight on friday, that they worked against themselves to a certain degree. and so now i think the white house is waiting for the effect to snowball, as lisa was pointing out, so more and more people feel them. and then they believe they can possibly get republicans back to the table. >> it's a reminder of how last week was all about politics and not about finding a solution to this. he may have been raising the expectations of dire consequences far too high. republicans were saying let this play out. the interesting test now for the president as he waits for these
the state of the union a very robust agenda to make sure we're doing everything we can to grow this economy and to help families thrive and expand their opportunities. >> certainly look, to me and to a lot of other folk, he's walking back some of the dire warnings he delivered a few weeks ago. >> it's a little less armed good armageddon today, wouldn't you say, than it was a few weeks ago. i would sense -- the president was saying these cuts would start right away, it's going to be...
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one strategist saying there is more and more confidence that the economy is on from the footing and it's not about to fall off a cliff either. it still maintains the question of whether stocks can maintain these record levels and this kind of momentum can't last forever, especially if you look at history after the last two peaks, the dow fell 50 to 60%. if the jobs report misses expectations, that could be a very excuse for investors to take profits off the table. >> at least it doesn't look like the forced spending cuts here in washington are having much an impact on washington, does it? >> not yet. the real indicator is going to be when the discussions begin on the debt ceiling talks. i have a way to rattle the markets because that is something that rattled the markets last summer. wolf? >> that's a few months down the road. it looks like the continuing stop gap resolution will keep the government open through the end of the fiscal year ending through the end of september. alison, thank you. >>> severe winter storm. in the mid-atlantic states, millions of people could see the biggest s
one strategist saying there is more and more confidence that the economy is on from the footing and it's not about to fall off a cliff either. it still maintains the question of whether stocks can maintain these record levels and this kind of momentum can't last forever, especially if you look at history after the last two peaks, the dow fell 50 to 60%. if the jobs report misses expectations, that could be a very excuse for investors to take profits off the table. >> at least it doesn't...